NEW DELHI, INDIA - JUNE 19: External Affairs Minister Sushma Swaraj with Minister of State V.K. Singh and Foreign Secretary S. Jaishankar during an annual press conference at Ministry of External Affairs, Jawaharlal Nehru Bhawan, on June 19, 2016 in New Delhi, India. Swaraj said, 'China is not protesting membership of India in NSG, it is only talking of criteria procedure.' She also said India would not oppose any other application for entry into the NSG but underlined the final decision should be decided on merits. (Photo by Arvind Yadav/Hindustan Times via Getty Images)

The Morning Wrap is HuffPost India's selection of interesting news and opinion from the day's newspapers. Subscribe here to receive it in your inbox each weekday morning.

Main News

Prime Minister Narendra Modi is encouraging millions of people across India and abroad to bend and stretch for the International Yoga Day. Attending the event in Chandigarh, Modi said that yoga gave 'health assurance at zero budget'.

Opinion

It will be sad to see RBI Governor Raghuram Rajan return to Chicago. But he must take his share of the blame for this unfortunate situation, writes Rajiv Kumar in The Indian Express. "One of the reasons why the Government did not support Rajan could be the fact that he was combining the role of a senior policy mandarin with that of a public intellectual... Not only did he advise the finance minister to stick to the fiscal target, which was clearly stepping over red lines, he also chose to speak publicly on the state of tolerance in the country and whether or not a strong government faces the danger of succumbing to dictatorial tendencies a la the emergency in India or Hitler’s Germany," he says.

With India now acknowledged as the fastest growing large economy in the world and also edging up in the World Bank’s ease of doing business rankings, the time is ripe for the country to open its doors wider to FDI. This is exactly what the Centre has done by raising FDI caps in some sectors, sweeping others entirely into the automatic route and diluting preconditions for sectors with restrictions, says an editorial in The Hindu. "There is no disputing that the FDI relaxations, irrespective of whether they were timed to signal the Centre’s commitment to reforms in the face of RBI Governor Raghuram Rajan’s exit in September, are a step in the right direction. But as we have learnt from the past, the devil is usually in the detail," it says.

India is treating the Seoul plenary as one more step in a long diplomatic journey into the heart of the Nuclear Suppliers Group, writes Jayanth Jacob in Hindustan Times. "NSG membership has always been an Indian policy goal as its current exemption runs a risk of being overturned if China or another unfriendly regime comes to dominate the NSG. It would also help allay concerns of overseas buyers if India is to become an exporter of reactors and nuclear components, a Modi goal that parallels similar plans by his predecessor Manmohan Singh," he says.